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Tag: Purdue Pharma

Utah attorney general: Purdue Pharma ‘morally bankrupt’

Utah attorney general: Purdue Pharma ‘morally bankrupt’

SALT LAKE CITY (AP) — Utah Attorney General Sean Reyes is calling OxyContin maker Purdue Pharma a “morally bankrupt” company and heralding that it will be out of the pharmaceutical industry thanks to terms of a tentative settlement with states. Reyes said in a statement Tuesday that said no dollar […]

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Purdue Pharma files for bankruptcy as part of settlement

Purdue Pharma files for bankruptcy as part of settlement

Purdue Pharma, the company that made billions selling the prescription painkiller OxyContin, filed for bankruptcy in White Plains, New York, days after reaching a tentative settlement with many of the state and local governments suing it over the toll of opioids. The filing was anticipated before and after the tentative […]

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The ‘fool’ that fentanyl made into a millionaire

The ‘fool’ that fentanyl made into a millionaire

SALT LAKE CITY (AP) — The photo that flashed onto the courtroom screen showed a young man dead on his bedroom floor, bare feet poking from the cuffs of his rolled up jeans. Lurking on a trash can at the edge of the picture was what prosecutors said delivered this […]

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Source: OxyContin maker seeks to resolve all lawsuits

Source: OxyContin maker seeks to resolve all lawsuits

COLUMBUS, Ohio (AP) — A settlement being pursued by the maker of OxyContin aims to resolve all claims against the company filed in both state and federal courts and provides a formula for dividing a pot of money reaching into the billions, The Associated Press has learned. States and local […]

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With lawsuits looming, OxyContin maker considers bankruptcy

With lawsuits looming, OxyContin maker considers bankruptcy

The company that has made billions selling the prescription painkiller OxyContin said Wednesday that it is considering legal options including bankruptcy, a move that could upend hundreds of lawsuits claiming it had a major role in causing the U.S. opioid drug crisis. “As the company has stated, it is exploring […]

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